Binary Options: A Brief Overview Of S&P 500

     Trading in the absence of clear trend during the day, the binary options of the United States key benchmark S&P 500 felt strong resistance from the 1439.5 level and take the opposite direction. The main culprit behind this downward movement is the announced worse than expected data about the Current Account in the United [...]

Binary Options: A Brief Technical Overview Of EUR/JPY

Looking at the monthly chart of EUR/JPY, we can see that the currency pair was in a downtrend since August 2008. It made several swings until it got to the strong monthly resistance at 94.90, which stopped the downtrend. The price action has reached the previous swing high (a monthly s/r) at 110.93 and hasn’t [...]

Binary Options: A Brief Technical Overview Of GBP/JPY

If we take a look at the monthly chart of GBP/JPY, we can see that it is in a downtrend, since July 2007. The price action was already rejected several times from the monthly s/r at 118.78. Since then it made several lower swing lows and lower swing highs. It has almost reached the monthly [...]

Binary Options: A Brief Technical Overview of DAX

Looking at the monthly chart of DAX, we can see that the price action is in an uptrend since October 2011. The price is closing to previous strong monthly top with really strong weekly s/r at 7575. Last month it retraced and was rejected from the monthly s/r at 6990 and yesterday’s close was above [...]

Binary Options: A Brief Overview Of EURUSD

Today, the currency pair EURUSD reached more than one month high at 1.31072, as a result of the good news in Europe. One of them is the announced better than expected data about the Spanish Unemployment, which shows the change in the number of unemployment people during the previous month. The actual results were announced [...]

Binary Options: A Brief Overview Of Gold

     Over the last several weeks, the binary options of the gold are traded above its 50- Period Exponential Moving Average. The registered break above the upper line of the formed descending triangle gives a good signal for traders of binary call options that the ascending trend, determining the direction of the movement of the [...]

Binary Options: A Brief Technical Analysis Of USD/CAD

The monthly chart of USD/CAD is in obvious downtrend. After the strong push since March 2009, the price action hit the strong bottom at 0.9442, which is a monthly s/r. Then it retraced a few time. By looking at the price movement, we can see that it made lower swing highs and lower swing lows. [...]

Binary Options: A Brief Technical Analysis Of CAC40

After the huge drop of CAC40 in the summer of 2011, the price action has moved up and tested twice the monthly s/r at 3588. At its current state the CAC has the other monthly s/r at 3342 as a strong support. Last week it went through two more monthly s/r’s at 3392 and 3489 [...]

A Brief Look At USD/CHF

     Today the currency pair USD/CHF is trading in a descending channel, on better than expected employment data from Switzerland. The indicator measures the number of people employed during the previous quarter, so a higher than expected reading should be taken as positive for the Swiss franc. The actual data is 4.12M compared to 4.07M [...]

A Brief Look At EUR/JPY

Today, at the beginning of the Asian session, trading of the currency pair EUR/JPY occurs slightly above the 200- Period Exponential Moving Average, but with the absence of clear trend. After the Euro market opening, the currency pair took upward movement in ascending channel, as a result of sharp appreciation of the euro against the [...]

Economic Events 11/19/2012

Today we have the following economic events: 00:01 GBP Rightmove House Price Index (MoM) Forecast:-2.6%                Previous: 3.5% The Rightmove House Price Index (HPI) measures the change in the asking price of homes for sale. This is the U.K.’s earliest report on house price inflation, but tends to have a mild impact because asking prices do [...]

A Brief Look At DAX Index

The December binary futures of the German key benchmark DAX Index open with a big gap today, as a result of the decision of the Euro Ministers to give 2 extra years to Greece to be able to cope with the country’s budget deficit. The finance ministers of the Euro Zone wants from Greece to [...]

Economic Events 11/13/2012

Today we have the following economic events: 00:01 GBP RICS House Price Balance Forecast: -15 %             Previous: -15% The Royal Institution of Chartered Surveyors (RICS) House Price Balance measures the percentage of surveyors reporting a house price increase in their designated area. A level above 0.0% indicates more surveyors reported a rise in prices; below [...]

A Brief Look At AUD/USD

Today the currency pair AUD/USD is continuing its upward movement in ascending channel, which started at the end of the previous week. At the beginning of the Asian session, the Australian dollar raised sharply against the US dollar, as it broke above the 50- Period Exponential Moving Average and 200- one, providing traders of binary [...]

A Brief Look At AUD/USD

   The Australian Dollar climbing against the major currencies for a fourth consecutive day, as Asian and European stocks advanced, boosting demand for higher-yielding assets. The greenback decline by 0.19 % during the intraday trading against the Australian dollar, which means that currently trading, is available at 1.0455 US dollars for Australian dollar. At the [...]

A Brief Look At EUR/USD

    Traded in the absence of clear trend over the last weeks, the currency pair EUR/USD formed Double Top Technical Configuration, which is prerequisite for reversing the upward trend, started at 25th of July. Yesterday` s registered break below the 200- Day Exponential Moving Average and the neckline of the formation is giving us a [...]

A Brief Overview Of Apple 11/01/2012

The value of the company with the largest market capitalization in the NASDAQ index- Apple lost its` upward momentum in the beginning of October- $675 per share on the 4th of October compared with $595 at the 31st. Although better than the expected results for Q3`12 published on the 25th October- earnings per share rose [...]

A Brief Look At EUR/GBP

Today, the EURGBP rose during the session, after the pair felt strong support from the 50- Period Moving Average at 0.8055. As we can see, the market price of the currency pair is moving in ascending channel during the last several sessions. The upward movement of EURGBP continued to the levels around the 200- Period [...]

A Brief Look At Binary Options On Crude Oil

The value of the Crude Oil rebounded after the biggest monthly decline since May. Crude erased recent declines and gained as much as 1.1% so far in European trading sessions. Yesterday it was announced that Philadelphia Energy Solutions- an US refinery which produces some 355000 barrels a day and NuStar Energy` s 74000 barrel a [...]

A Brief Look At Binary Option On EUR/USD

Traded in the absence of clear trend over the last weeks, the binary options on currency pair EUR/USD formed Double Top technical configuration, which is reversing trend formation. In short term outlook, we can expect from the pair to attempted to brake the ascending trend line at the levels around 1.2955. If this break becomes [...]

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